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Kotak Mahindra Bank founder Uday Kotak said India must cut its reliance on foreign capital and build a strong domestic pool of long-term risk capital to become truly self-reliant.Speaking at an event organised by the Confederation of Indian Industry, Kotak said a “truly Aatmanirbhar” nation is one that “does not need to depend on somebody…
Markets regulator Sebi on Thursday discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers with immediate effect saying the system had become redundant due to stronger cyber security, disaster recovery and business continuity mechanisms in the securities market, PTI reported.The IRRA platform, launched on October 1, 2023, was introduced to provide brokers with…
Financial Services Secretary M Nagaraju on Thursday warned banks and financial institutions to strengthen cyber security systems and operational resilience, cautioning that advanced artificial intelligence models such as Anthropic’s “Mythos” could pose serious risks to the banking sector if released publicly, PTI reported.Addressing the Indian Banks’ Association (IBA) conference on Risk Management in Mumbai, Nagaraju…
The critically endangered Peacock Tarantula, or the Poecilotheria metallica, has gained prominence in the Eastern Ghats through Pawan Kalyan’s conservation efforts. The highly endangered tarantula is endemic to a part of Andhra Pradesh and is threatened by habitat destruction, illegal trade, and ecological imbalances. A conservation study for the tarantulas within the Nagarjunasagar Srisailam Tiger…
The Department of War is currently having a complicated relationship with the AI startup Anthropic. On one hand, it has been labelled as a “supply chain risk”, while on the other, it’s latest model is being called as an asset with Pentagon Chief Technology Officer (CTO) Emil Michael calling Mythos a critical “national security moment”.“I…
Step outside into 45-47°C heat and it is not just uncomfortable. It is immediate and overwhelming. The sun beats down relentlessly as the air feels heavy and unbearably still, hitting your face like a wave from an open furnace and clinging to the skin even as you step into shade. Within minutes, the body begins…
Colon cancer is one of the most preventable ailments, yet it remains one of the most frequently diagnosed types of cancer in the world. Doctors are also worried about a trend: more and more cases are being found in people under 50. Genetics and age do impact risk, but lifestyle and diet are the most…
It is difficult to miss the sense of awe with which most news reports describe how Israel’s intelligence agencies hacked into Tehran’s street cameras and used the data to assassinate Iran’s top leadership. It felt like one was reading a tech espionage thriller or a Mission Impossible script.However, the real feeling — especially in India…
Storing eggs in the refrigerator door is a common mistake that compromises their safety and longevity. Constant temperature fluctuations in the door area can lead to condensation, allowing bacteria to penetrate the shell. After visiting the grocery store, we tend to follow an automatic routine: walking into our kitchens, opening the doors of our refrigerators,…
Your shoes might be the reason you slip. Worn treads and accumulated dirt reduce grip, making floors hazardous. You have probably blamed a slippery floor, a puddle you did not see, or just general bad luck, but the uncomfortable truth is your shoes might be the actual problem. No, it is not just because the…
